255 Barry RdLogansportLA71049
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Logansport at 255 Barry Rd, Logansport, LA, 71049 generates $1,718/mo in rent, after a $1,459/mo payment. Total monthly income is $1,718/mo. Return on cash invested sits at 18.35% in year one, and rental yield is 6.92% on a $298,000 entry. Equity gained on principal adds $1,923/yr, while 5% annual appreciation builds toward $82,332 over five years. Five-year ROI reaches 94.49% and total cumulative return in cash sums $93,344. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,718/mo property income rather than buyer’s personal income.
Single Family
Built in 1976
3 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71049, Logansport, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,679 (100%) |
| Owner Occupied HU | 1,025 (61.0%) |
| Renter Occupied HU | 347 (20.7%) |
| Vacant Housing Units | 307 (18.3%) |
| Median Home Value | $155,429 |
| Average Home Value | $204,927 |
Housing Distribution
Address Breakdown
Residential
1,190
Single Family
1,190
Multi-Family
0
Businesses
97
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Listed by: Hayli Cagle • Keller Williams Northwest
Mls Name: NTREIS
Mls ID: #20949278
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.